Apple's Next Step: A Stronger Challenge to Netflix?
Analyst Jeffrey Misek thinks the company will use cloud services to go after Netflix
Could Apple be preparing to transform the way we watch TV? Jeffries analyst Peter Misek thinks so. He claims in a report that Apple is on the cusp of launching another “assault on the living room,” this time in the form of “a new far reaching cloud-based” video service similar to Netflix.
After having revolutionized computers, phones, and music, this could be the next logical move in Apple’s trajectory. (Apple released Apple TV, a web-based TV device, back in 2007 but it hasn’t caught on in a big way.)
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